Rollover
The daily moment, 17:00 New York time, when open positions roll to the next value date and swaps are applied. Spreads often widen around it.
Related terms
Swap (rollover)
Interest paid or earned for holding a position overnight. It…
Daily close
The end of the trading day, at 17:00 New York time for forex.…
Spot forex
Currency trading for immediate delivery, which in practice settles…
Balance
Your account value from closed trades, deposits and withdrawals,…
Broker
The firm that gives you access to the market, holds your funds and…
Cent account
An account denominated in cents, so balances and lot values are…